FinTech News

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Ding enters French mobile top-up market with Transfert Crédit buy

Global mobile top-up group Ding has gobbled up smaller sector player Transfert Crédit getting access to the French market.
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Finova racks up $52.5m in VC-backed financing round

FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
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FinTecSystems swipes Series A round for real-time data

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.
fintech insurtech wealthtech regtech ai cybertech esg news

Holvi teams up with SumUp to serve German SMEs

Finish banking service Holvi is partnering with mobile point-of-sale (mPOS) solution SumUp to serve small businesses in Germany.
fintech insurtech wealthtech regtech ai cybertech esg news

Kubo.finance takes $7.5m for Mexican peer-to-peer loans

Kubo.financiero, a Mexican peer-to-peer lending platform, has raised $7.5m in its Series A round of funding.
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SoFi looks to raise $500m in new funding

Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.
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TIAA buys online lender EverBank $2.5bn

Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.
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Allianz hires new CEO for InsurTech unit

German insurance giant Allianz has hired a new CEO for its InsurTech incubator Allianz X. Peter Borchers will join the firm from Deutsche Telekom, where he founded the company’s hub:raum incubator.
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Airbanq takes $2.5m for digital bank for the underserved

Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.
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BBVA unveils 56 finalists for Open Talent completion

Spanish banking giant BBVA has announced the 56 finalists for its eighth Open Talent competition that aims to seek out and support new FinTech startups and innovations.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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